Logicor and the city of Lahr confirm land purchase agreement for new logistics warehouse development for DSV Solutions GmbH at Lahr Airport
15 May 2020
Logicor has signed a purchase agreement for 45,000 m2 of land, enabling the construction of a new 25,000 m2 logistics facility that will be leased to DSV Solutions GmbH (DSV) for 10 years, supporting the continued positive development of the contract logistics company in Lahr’s Airport and Business Park. The new building is directly adjacent to an existing 40,000 m2 warehouse that Logicor has leased to DSV.
"Due to the steadily growing demand and the increased service requirements in the area of southern Germany, we will soon exceed reach our limits with the our existing capacity at our the existing current location," says Friedbert Dieterle, location manager and senior manager logistics of DSV Solutions GmbH. "With the planned expansion, we are already securing the future viability of our branch by adapting early to future challenges at an early stage."
Alexander Schmid, Senior Development Director, Logicor said "We are pleased to facilitate economic growth at this top logistics location in the Upper Rhine close to the A5 highway with the construction of a new warehouse. We look forward to the continued excellent co-operation with our long-standing customer DSV Solutions and the city of Lahr as the project progresses."
The modern warehouse development will be built to a BREEAM Very Good certifications and will comprise 20,000 m2 of warehouse space and 5,000 m2 of office and intermediate storage.
Construction is due to complete towards the end of 2020.
Logicor is one of the largest owners and operators of modern logistics and distribution properties in Europe. As at 31 December 2019 we own a portfolio of 618 high-quality properties with a lettable area of approximately 13.6 million square metres located in key European logistics markets. Logicor is headquartered in London and Luxembourg.
Alex Schmid, Senior Development Director, Logicor
+49 (0) 211 20 54 57 22